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Private Equity Placement of CECEP Wind-power Corporation Co., Ltd. Was Approved by SASAC

Source:CECEP Wind-power Corporation Co., Ltd. Author: Date:2015-04-10

On April 9, CECEP Wind-power Corporation Co., Ltd. received the Approval on Private Equity Placement of CECEP Wind-power Corporation Co., Ltd. (GZCQ [2015] No.176) issued by the State-owned Assets Supervision and Administration Commission of the State Council forwarded by China Energy Conservation and Environmental Protection Group, the controlling shareholder, representing that the private equity placement of CECEP Wind-power Corporation Co., Ltd. was formally approved by SASAC.

After the completion of the private equity placement, the total capital stock of CECEP Wind-power Corporation Co., Ltd. shall not exceed 2,093,237,413 shares, wherein, China Energy Conservation and Environmental Protection Group (SS) holds 948,148,800 shares, accounting for no less than 45.30% of the total capital stock.

The private equity placement of A share scheme shall be submitted to the Shareholders Meeting for review and approval and shall be reported to China Securities Regulatory Commission for approval before implementation.